Commonwealth of Massachusetts Internal Control Questionnaire (ICQ) NSAA / NASC Joint Middle...
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Transcript of Commonwealth of Massachusetts Internal Control Questionnaire (ICQ) NSAA / NASC Joint Middle...
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Commonwealth of Massachusetts
Internal Control Questionnaire (ICQ)
NSAA / NASC Joint Middle Management Conference
Des Moines, IA
April 17, 2007
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Agenda
Commonwealth of Massachusetts
Internal Control Law
Awareness of Internal Controls
Internal Control Questionnaire (ICQ)
Comments / Questions
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Commonwealth of Massachusetts
10th Largest State
Fortune 34 company
83,000 Employees / 69,000 Full Time Equivalents
$43.4 billion in Total Revenue*
$42.8 billion in Total Expenses*
* Source Data is Massachusetts 2005 CAFR
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Massachusetts State Agencies Executive Branch
125 State Agencies 12 Independent Agencies
Constitutional Offices (4) Legislative Branch (2) Judicial Branch
7 Departments
Other 22 Authorities and Quasi-
Public Agencies
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Internal Control Partnership
Office of the State Auditor
Independent Constitutional Office
Independent Audits
Issue 250 – 300 audit reports annually
Use Generally Accepted Government Auditing Standards
Include a review of the department’s internal control plan in all audits
Office of the State Comptroller
Independent agency within the Executive Branch
Quality Assurance Bureau
Departmental Quality Assurance Reviews include a review of internal control plans
Internal Control Guide
Annual Internal Control Questionnaire
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PARTNERSin Sound Financial Management People
Accountability
Responsibility
Trust
Negotiation
Efficiency
Risk Assessment & Mitigation
Solutions
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Internal Control ImplementationAt a Glance Internal Control Legislation
(1989)
Awareness of Internal Controls (1990 – present)
Procurement Reform (1996)
Annual Internal Control Questionnaire (2000)
Implement New Accounting System (2004)
Office of the Comptroller, Quality Assurance Bureau (2005)
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Chapter 647 of the Acts of 1989An Act to Improve Internal Controls at State Agencies
Internal Control Standards Management’s Responsibility
Internal Control Officer is to be equivalent in title to assistant or deputy to the department head and ensure: Written documentation of internal accounting and administrative
control system is on file for review by Office of the State Auditor (OSA), Office of the Comptroller (OSC) and Administration & Finance (ANF)
Internal control structure is evaluated annually or as conditions warrant.
Audit recommendations are promptly evaluated and corrective action is taken by management.
Reporting all unaccounted for variances, losses, and theft of funds or property to the OSA
Internal control guidance provided by the OSC
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Awareness of Internal Controls Internal Control Guide
Instructor-lead Training
Hands-on Workshops, as requested
Review / Audit Internal Control Plans
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Internal Control Questionnaire ICQ is a web-based application
ASP script engine / SQL database
Debuted in 2000 / Updated Annually
FY2006 – 273 Questions in 12 Sections / Business Areas
Answers are Yes, No or Not Applicable
Department representations are incorporated into the ICQ Department Head
Internal Control Officer
Chief Fiscal Officer
Answers are available to the Independent Auditors, OSA’s Auditors and OSC’s Quality Assurance Bureau
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ICQ Categories
A. General InformationB. Internal Control PlanC. Accounting & Fiscal OperationsD. BudgetE. CashF. ProcurementG. Monitoring & Reporting General Program PerformanceH. Payroll & PersonnelI. Fixed AssetsJ. Revenue & ReceivablesK. InvestmentL. Administrative Controls Over Federal FundsM. Representations
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ICQ Application
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Department Access to ICQ
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Department Access to ICQ
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ICQ Application
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Administrator Access to the ICQ
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Administrator Access to the ICQ
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Administrator Access to the ICQ
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ICQ Responses
Analysis of responses – manual
Follow-up with departments
One of the tools used to evaluate internal controls Statewide Single Audit
Audits / Quality Assurance Reviews
Risk Assessment
Statewide Statistics
Assist agencies in evaluating and modifying Internal Controls
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ICQ Responses
Does the Department document Internal Controls?
Has the Internal Control Plan been updated in the past year…?
98%
2%
YesNo
85%
15%YesNo
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What’s New for FY2007?
Questions on…
Ethics & Compliance
Management Philosophy & Operating Style
Risk Assessment
Modified the application to meet new Commonwealth standards.
Prompt to change password.
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New for FY2007 ICQ
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Comments / Questions
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Contact Information
Julia P. Burns
Director, Quality Assurance Bureau
e-Mail: [email protected]
OSC: www.mass.gov/osc